Report Overview

Health benefits of eating yogurt, such as healthy digestion, protection against colon cancer, reduced risk of diabetes, immune system improvement, and fat loss, have contributed to the growth of global yogurt market.

Global Yogurt Market Size - Industry Trends & Forecast Report 2027

Global yogurt market was worth USD 95.0 Billion in 2020 and is further projected to reach USD 136.2 Billion by 2027, at a CAGR of 5.1% during 2021-2027 (forecast period). Health benefits of eating yogurt, such as healthy digestion, protection against colon cancer, reduced risk of diabetes, immune system improvement, and fat loss, have contributed to the growth of the global yogurt market. Furthermore, with the emergence of the COVID-19 pandemic, consumers have grown more conscious of their health and well-being, resulting in a shift toward a healthier lifestyle, which is helping the yoghurt market grow and thrive.

                                                                                                                                                    

Source: BlueWeave Consulting

Global Yogurt Market Overview:

Yogurt is a healthful food product made from milk fermented by bacteria. This product can be consumed as desserts, protein-rich sports beverages, snacks, meal replacements, and so on. Yogurt offers numerous health benefits, including improved digestion, prevention of type 2 diabetes, colon cancer prevention, and an enhanced immune system. Yogurt sales are driven by increased awareness of healthy foods, a growing health-conscious youth population, and increased disposable income thanks to the law of dual household income.

Growth Drivers

Health benefits of Yogurt

The low-fat content and sugar content of yogurt makes it a preferred product among health-conscious consumers. Producers of yogurt now provide fortified products with more fiber, vitamins, and minerals. Yogurt is a good source of proteins, vitamins, minerals potassium. The health benefits of yogurt, such as improved immunity, reduced risk of type 2 diabetes, stronger bones and teeth, prevention of digestive diseases, and reduction of high blood pressure and bad cholesterol, are all contributing to the market's growth.

Versatile Nature of Yogurt

Yogurt has a versatile nature and available in different forms which is driving its market growth. Yogurt can be used majorly in different types of meals starting from breakfast to dinner. Moreover, there are many flavors of yogurt available such as plain, flavored, or flavored with toppings, and much more. Such versatilities are driving the growth of the yogurt market. Furthermore, yogurt can be consumed by any age group. It is one of the important factors facilitating the growth of the yogurt market in the upcoming years.

Restraint

Having artificial additives and ingredients in yogurts, such as gelatin and stabilizers, can harm human health, thereby limiting the growth of the yogurt market. Lactose intolerance, caused by an inability to digest milk proteins, which results in nausea, bloating, and gas, is also one of the reasons for the decreasing popularity of yogurt. Because of lactose intolerance, people usually avoid yogurt. A growing number of people suffering from lactose intolerance is limiting the growth of the yogurt industry.

Impact of COVID-19 in the Global Yogurt Market

Nearly all industries have been affected by the outbreak of COVID-19 and the yogurt market is no exception. The yogurt market, however, witnessed impressive growth during the pandemic, unlike most other markets. During the pandemic, the consumption of yogurt and other fermented foods, which are rich in probiotics, and helps in improving immunity, grew substantially. Regardless of the shutdown of businesses, social distancing norms, and government programs, the dairy industry played a vital role in producing, processing, packaging, transporting, selling, and delivering dairy products to the consumers. These are some of the key factors that increased the demand for yogurt over the forecast period.

Global Yogurt Market: By Type

Based on types, the global yogurt market is segmented into Flavored and Non-Flavored. Flavored yogurt is the leading contributor and is estimated to maintain its rankings throughout the forecast period. The reason behind the dominance of the flavored category is its pleasant taste and easy accessibility of the products in the stores than non-flavored yogurt. Because yogurt comes in a variety of flavors and textures, consumers are drawn to purchase it. Because of this, the segment holds considerable growth potential and is forecast to remain dominant in the foreseeable future.

Global Yogurt Market: By Distribution Channel

Based on distribution channels, the global yogurt market is segmented into Hypermarkets & Supermarkets, Specialty Stores, and Independent Retailers. Among these segments, Hypermarkets & Supermarkets hold the largest share in the yogurt market. The reason for the segment’s growth is the preference of the people to buy yogurt from supermarkets, as there is higher convenience associated with them. Furthermore, the variety of yogurt available at hypermarkets and supermarkets is fueling growth in the yogurt market.

Global Yogurt Market – Regional Insights

The global yogurt market is categorized into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa based on the regions. Consumers in the Asia Pacific are becoming more aware of the health benefits of yogurt and the importance of maintaining a healthy diet, which drives the growth of the yogurt market, making the Asia-Pacific region the dominant region in the global yogurt market. The yogurt market is also expected to grow in North America due to rising yogurt consumption, retail market expansion, growing obesity rates, increased demand for fermented products, and consumer appetite for exotic flavors.

Source: BlueWeave Consulting

Recent Developments

August 2021 - A division of France's Lactalis Group, Lactel India, launched Lactel Turbo Yogurt Drink in Chennai as part of its entry into the yogurt category in India. It will be available in mango or strawberry flavors.

August 2021 - Pillars Yogurt, LLC has introduced Pillars Plant, an organic coconut yogurt with probiotics, into the expanding market for plant-based yogurt. The Pillars Plant 16oz multi-serve cups are available in flavors Vanilla, Mixed Berry, and Strawberry Banana.

Competitive Landscape

Key players in the global yogurt market are Arla Foods amba, Britannia Industries Limited, Chobani LLC, Danone S.A., FAGE International S.A., Frieslandcampina, General Mills Inc., YILI.COM INC., Müller UK & Ireland, Nestlé, Brownes Foods Operations Pty Ltd., Parmalat S.P.A., Sodiaal, Yakult, Yoplait USA INC and China Mengniu Dairy Company Limited and other manufacturers.

Most of the current companies have faced the high risk, which have confirmed in the drop of total volume of sales of dairy products due to the disturbance in consumption, production and supply chain of raw milk.

 

Scope

Attribute	Details
Years Considered	Historical data – 2017-2020 Base Year – 2020 Forecast – 2021 – 2027
Facts Covered	Revenue in USD Billion
Market Coverage	U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, Argentina, AUAE, South Africa, Saudi Arabia
Product/Service Segmentation	By Product, By Form, By Fat Content, By Packaging, By Distribution Channel, By Region
Key Players	Key players for global yogurt market are Arla Foods amba, Britannia Industries Limited, Chobani LLC, Danone S.A., FAGE International S.A., Frieslandcampina, General Mills Inc., YILI.COM INC., Müller UK & Ireland, Nestlé, Brownes Foods Operations Pty Ltd., Parmalat S.P.A., Sodiaal, Yakult, Yoplait USA INC and China Mengniu Dairy Company Limited and other key manufacturers.

 

• By Type

• Flavored
• Non-Flavored

• By Form

• Conventional Yogurt
• Greek Yogurt
• Set Yogurt
• Frozen Yogurt
• Yogurt Drinks
• Others

• By Fat Content

• Regular
• Low Fat
• Fat Free

• By Packaging

• Plastic Bottles
• Tetra Packs
• Others

• By Distribution Channel

• Hypermarkets & Supermarkets
• Specialty Stores
• Independent Retailers

• By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

1. Research Framework

    1.1. Research Objective

    1.2. Product Overview

    1.3. Market Segmentation

2. Research Methodology

    2.1. Qualitative Research

            2.1.1. Primary & Secondary Research

2.2. Quantitative Research

2.3. Market Breakdown & Data Triangulation

           2.3.1. Secondary Research

           2.3.2. Primary Research

    2.4. Breakdown of Primary Research Respondents, By Region

    2.5. Assumption & Limitation

3. Executive Summary

4. Global Yogurt Market Insights

    4.1. DROC Analysis

           4.1.1. Growth Drivers

           4.1.2. Restraints

           4.1.3. Opportunities

           4.1.4. Challenges

    4.2. Recent Development

    4.3. Porter’s Five Forces Analysis

            4.3.1. Bargaining Power of Suppliers

            4.3.2. Bargaining Power of Buyers

            4.3.3. Threat of New Entrants

            4.3.4. Threat of Substitutes

            4.3.5. Intensity of Rivalry

   4.4 Value Chain Analysis

   4.5 Key Strategic Developments

5. Global Yogurt Market Overview

    5.1. Market Size & Forecast by Value, 2017-2027

            5.1.1. By Value (USD Billion)

    5.2. Market Share & Forecast

            5.2.1. By Type

 

                 5.2.1.1. Flavored

                 5.2.1.2. Non Flavored

           5.2.2. By Form

                  5.2.2.1. Conventional Yogurt

                 5.2.2.2. Greek Yogurt

                 5.2.2.3. Set Yogurt

                 5.2.2.2. Frozen Yogurt

                 5.2.2.3. Yogurt Drinks

                 5.2.2.4. Others

           5.2.3. By Fat Content

                 5.2.3.1. Regular

                 5.2.3.2. Low Fat

                 5.2.3.3. Fat Free

           5.2.4. By Packaging

                 5.2.4.1. Plastic Bottles

                 5.2.4.2. Tetra Packs

                 5.2.4.3. Others

           5.2.5. By Distribution Channel

                5.2.5.1. Hypermarkets & Supermarkets

                5.2.5.2. Specialty Stores

                5.2.5.3. Independent Retailers

           5.2.6. By Region

                 5.2.6.1. North America

                 5.2.6.2. Latin America

                 5.2.6.3. Europe

                 5.2.6.4. Asia Pacific

                 5.2.6.5. Middle East

                 5.2.6.6. Africa

6. North America Yogurt Market

         6.1. Market Size & Forecast by Value, 2017-2027

              6.1.1. By Value (USD Billion)

         6.2. Market Share & Forecast

              6.2.1. By Type

              6.2.2. By Form

              6.2.3. By Fat Content

              6.2.4. By Packaging

              6.2.5. By Distribution Channel

              6.2.6. By Country

                       6.2.6.1. United States

                       6.2.6.2. Canada

7. Europe Yogurt Market

     7.1. Market Size & Forecast by Value, 2017-2027

            7.1.1. By Value (USD Billion)

       7.2. Market Share & Forecast

            7.2.1. By Type

            7.2.2. By Form

            7.2.3. By Fat Content

            7.2.4. By Packaging

            7.2.5. By Distribution Channel

            7.2.6. By Country

                      7.2.6.1. Germany

                      7.2.6.2. Poland

                      7.2.6.3. Russia

                      7.2.6.4. Italy

                      7.2.6.5. France

                      7.2.6.6. United Kingdom

                      7.2.6.7. Spain

                      7.2.6.8. Rest of Europe

8. Asia Pacific Yogurt Market

     8.1. Market Size & Forecast by Value, 2017-2027

             8.1.1. By Value (USD Billion)

     8.2. Market Share & Forecast

            8.2.1. By Type

            8.2.2. By Form

            8.2.3. By Fat Content

            8.2.4. By Packaging

            8.2.5. By Distribution Channel

            8.2.6. By Country

                8.2.6.1. China

                8.2.6.2. India

                8.2.6.3. Japan

                8.2.6.4. Malaysia

                8.2.6.5. Singapore

                8.2.6.6. Rest of Asia Pacific

9. Latin America Yogurt Market

   9.1.  Market Size & Forecast by Value, 2017-2027

             9.1.1. By Value (USD Billion)

    9.2. Market Share & Forecast

             9.2.1. By Type

             9.2.2. By Form

             9.2.3. By Fat Content

             9.2.4. By Packaging

             9.2.5. By Distribution Channel

             9.2.6. By Country

                 9.2.6.1. Brazil

                 9.2.6.2. Mexico

                 9.2.6.3. Rest of Latin America

10. Middle East & Africa Yogurt Market

   10.1. Market Size & Forecast by Value, 2017-2027

         10.1.1.  By Value (USD Billion)

    10.2. Market Share & Forecast

         10.2.1. By Type

         10.2.2. By Form

         10.2.3. By Fat Content

         10.2.4. By Packaging

         10.2.5. By Distribution Channel

         10.2.6. By Country

             10.2.6.1. Saudi Arabia

             10.2.6.2. UAE

             10.2.6.3. South Africa

             10.2.6.4. Rest of Middle East & Africa

11. Competitive Landscape

     11.1. List of Key Players and Their Offerings

     11.2. Market/Ranking Share Analysis

     11.3. Competitive Benchmarking, By Operating Parameters

12. COVID-19 Impact

13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

    14.1. Arla Foods amba

    14.2. Britannia Industries Limited

    14.3. Chobani, LLC

    14.4. Danone S.A

    14.5. FAGE International S.A

    14.6. Frieslandcampina

    14.7. General Mills Inc

    14.8. YILI.COM INC

    14.9. Müller UK & Ireland

    14.10. Nestlé

    14.11. Brownes Foods Operations Pty Ltd

    14.12. Parmalat S.P.A

    14.13. SODIAAL

    14.14. Yakult

    14.15. Yoplait USA INC

    14.16. China Mengniu Dairy Company Limited

    14.17. Other Manufacturers

 

14. Key Strategic Recommendations

 

* Financial information of non-listed Companies will be provided as per availability

 

**The segmentation and the companies are subjected to modifications based on in-depth study during the final deliverable.

                  

 

 

List of Figures

 

 

Fig: Global Yogurt Market Segmentation

 

Fig: Global Yogurt Market Value Chain Analysis,

 

Fig: Company Market Share Analysis, 2020

 

Fig: Global Yogurt Market Size, By Value (USD Billion), 2017-2027

 

Fig: Global Yogurt Market Share (%), By Type, By Value, 2017-2027

 

Fig: Global Yogurt Market Share (%), By Form, By Value, 2017-2027

 

Fig: Global Yogurt Market Share (%), By Fat Content, By Value, 2017-2027

 

Fig: Global Yogurt Market Share (%), By Packaging, By Value, 2017-2027

 

Fig: Global Yogurt Market Share (%), By Distribution Channel, By Value, 2017-2027

 

Fig: Global Yogurt Market Share (%), By Country, By Value, 2017-2027

 

Fig: North America Yogurt Market Size, By Value (USD Billion), 2017-2027

 

Fig: North America Yogurt Market Share (%), By Type, By Value, 2017-2027

 

Fig: North America Yogurt Market Share (%), By Form, By Value, 2017-2027

 

Fig: North America Yogurt Market Share (%), By Fat Content, By Value, 2017-2027

 

Fig: North America Yogurt Market Share (%), By Packaging, By Value, 2017-2027

 

Fig: North America Yogurt Market Share (%), By Distribution Channel, By Value, 2017-2027

 

Fig: North America Yogurt Market Share (%), By Country, By Value, 2017-2027

 

Fig: Europe Yogurt Market Size, By Value (USD Billion), 2017-2027

 

Fig: Europe Yogurt Market Share (%), By Type, By Value, 2017-2027

 

Fig: Europe Yogurt Market Share (%), By Form, By Value, 2017-2027

 

Fig: Europe Yogurt Market Share (%), By Fat Content, By Value, 2017-2027

 

Fig: Europe Yogurt Market Share (%), By Packaging, By Value, 2017-2027

 

Fig: Europe Yogurt Market Share (%), By Distribution Channel, By Value, 2017-2027

 

Fig: Europe Yogurt Market Share (%), By Country, By Value, 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Size, By Value (USD Billion), 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Share (%), By Type, By Value, 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Share (%), By Form, By Value, 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Share (%), By Fat Content, By Value, 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Share (%), By Packaging, By Value, 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Share (%), By Distribution Channel, By Value, 2017-2027

 

Fig: Asia-Pacific, Yogurt Market Share (%), By Country, By Value,    2017-2027

 

Fig: Latin America Yogurt Market Size, By Value (USD Billion), 2017-2027

 

Fig: Latin America Yogurt Market Share (%), By Type, By Value, 2017-2027

 

Fig: Latin America Yogurt Market Share (%), By Form, By Value, 2017-2027

 

Fig: Latin America Yogurt Market Share (%), By Fat Content, By Value, 2017-2027

 

Fig: Latin America Yogurt Market Share (%), By Packaging, By Value, 2017-2027

 

Fig: Latin America Yogurt Market Share (%), By Distribution Channel, By Value, 2017-2027

 

Fig: Latin America Yogurt Market Share (%), By Country, By Value, 2017-2027

 

Fig: Middle East & Africa Yogurt Market Size, By Value (USD Billion), 2017-2027

 

Fig: Middle East & Africa Yogurt Market Share (%), By Type, By Value, 2017-2027

 

Fig: Middle East & Africa Yogurt Market Share (%), By Form, By Value, 2017-2027

 

Fig: Middle East & Africa Yogurt Market Share (%), By Fat Content, By Value, 2017-2027

 

Fig: Middle East & Africa Yogurt Market Share (%), By Packaging, By Value, 2017-2027

 

Fig: Middle East & Africa Yogurt Market Share (%), By Distribution Channel, By Value, 2017-2027

 

Fig: Middle East & Africa Yogurt Market Share (%), By Country, By Value, 2017-2027

 

List of Tables

 

Table: Global Yogurt Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table: Global Yogurt Market Size, By Form, By Value (USD Billion), 2017-2027

 

Table: Global Yogurt Market Size, By Fat Content, By Value (USD Billion), 2017-2027

 

Table: Global Yogurt Market Size, By Packaging, By Value (USD Billion), 2017-2027

 

Table: Global Yogurt Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

 

Table: Global Yogurt Market Size, By Region, By Value (USD Billion), 2017-2027

 

Table: North America Yogurt Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table: North America Yogurt Market Size, By Form, By Value (USD Billion), 2017-2027

 

Table: North America Yogurt Market Size, By Fat Content, By Value (USD Billion), 2017-2027

 

Table: North America Yogurt Market Size, By Packaging, By Value (USD Billion), 2017-2027

 

Table: North America Yogurt Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

 

Table: North America Yogurt Market Size, By Country, By Value (USD Billion), 2017-2027

 

Table: Europe Yogurt Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table: Europe Yogurt Market Size, By Form, By Value (USD Billion), 2017-2027

 

Table: Europe Yogurt Market Size, By Fat Content, By Value (USD Billion), 2017-2027

 

Table: Europe Yogurt Market Size, By Packaging, By Value (USD Billion), 2017-2027

 

Table: Europe Yogurt Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

 

Table: Europe Yogurt Market Size, By Country, By Value (USD Billion), 2017-2027

 

Table: The Asia-Pacific Yogurt Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table: The Asia-Pacific Yogurt Market Size, By Form, By Value (USD Billion), 2017-2027

 

Table: The Asia-Pacific Yogurt Market Size, By Fat Content, By Value (USD Billion), 2017-2027

 

Table: The Asia-Pacific Yogurt Market Size, By Packaging, By Value (USD Billion), 2017-2027

 

Table: The Asia-Pacific Yogurt Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

 

Table: The Asia-Pacific Yogurt Market Size, By Country, By Value (USD Billion), 2017-2027

 

Table: Latin America Yogurt Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table: Latin America Yogurt Market Size, By Form, By Value (USD Billion), 2017-2027

 

Table: Latin America Yogurt Market Size, By Fat Content, By Value (USD Billion), 2017-2027

 

Table: Latin America Yogurt Market Size, By Packaging, By Value (USD Billion), 2017-2027

 

Table: Latin America Yogurt Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

 

Table: Latin America Yogurt Market Size, By Country, By Value (USD Billion), 2017-2027

 

Table: The Middle-East & Africa Yogurt Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table: The Middle-East & Africa Yogurt Market Size, By Form, By Value (USD Billion), 2017-2027

 

Table: The Middle-East & Africa Yogurt Market Size, By Fat Content, By Value (USD Billion), 2017-2027

 

Table: The Middle-East & Africa Yogurt Market Size, By Packaging, By Value (USD Billion), 2017-2027

 

Table: The Middle-East & Africa Yogurt Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

 

Table: The Middle-East & Africa Yogurt Market Size, By Country, By Value (USD Billion), 2017-2027

 

Table: Arla Foods amba Financial Analysis

Table: Arla Foods amba Business Overview

Table: Britannia Industries Limited, Financial Analysis

Table: Britannia Industries Limited, Business Overview

Table: Chobani LLC Financial Analysis

Table: Chobani LLC Business Overview

Table: Danone S.A Financial Analysis

Table: Danone S.A Business Overview

Table: FAGE International S.A. Financial Analysis

Table: FAGE International S.A. Business Overview

Table: Frieslandcampina Financial Analysis

Table: Frieslandcampina Business Overview

Table: General Mills Inc. Financial Analysis

Table: General Mills Inc. Business Overview

Table: YILI.COM INC. Financial Analysis

Table: YILI.COM INC. Business Overview

Table: Müller UK & Ireland Financial Analysis

Table: Müller UK & Ireland Business Overview

Table: Nestlé Financial Analysis

Table: Nestlé Business Overview

Table: Brownes Foods Operations Pty Ltd. Financial Analysis

Table: Brownes Foods Operations Pty Ltd. Business Overview

Table: Parmalat S.P.A. Financial Analysis

Table: Parmalat S.P.A. Business Overview

Table: SODIAAL Financial Analysis

Table: SODIAAL Business Overview

Table: Yakult Financial Analysis

Table: Yakult Business Overview

Table: Yoplait USA INC Financial Analysis

Table: Yoplait USA INC Business Overview

Table: China Mengniu Dairy Company Limited Financial Analysis

Table: China Mengniu Dairy Company Limited Business Overview